Low-carbon economic dispatch optimization of a virtual power plant based on deep reinforcement learning in China's carbon market environment

Author:

Wu Gengqi12ORCID,Hua Haojun3,Niu Dongxiao12

Affiliation:

1. School of Economics and Management, North China Electric Power University, Beijing 102206, China

2. Beijing Key Laboratory of New Energy and Low-Carbon Development, North China Electric Power University, Beijing 102206, China

3. City University of Hong Kong, 83 Tat Chee Ave., Kowloon Tong, Hong Kong

Abstract

In the context of China's dual carbon targets, reducing carbon emissions has become even more urgent and important. In order to reduce carbon emissions during the operation of a virtual power plant (VPP), a carbon market containing carbon emission allowances and the Chinese certified voluntary emission reduction project was introduced, and a VPP day-ahead and real-time coordinated scheduling optimization model was developed. This model was optimized to maximize benefits and minimize carbon emissions, further increasing the emphasis on carbon reduction from the VPP. The deep Q network (DQN) in the deep reinforcement learning algorithm was introduced to solve the complexity and non-linearity of the VPP model. Finally, to verify the validity and feasibility of the model and the solution algorithm, a VPP was chosen for the analysis of arithmetic examples. The results showed that: (1) in the calculation example, the VPP obtained more than 30 000 yuan of carbon revenue per day by participating in carbon trading, which effectively mobilizes interest in carbon emission reduction. (2) Compared to the scheduling result with profit maximization as the goal, the scheduling result considering dual goals reduced carbon emissions by 32.7% at the cost of a 2.6% reduction in revenue, obtaining a better compromise. (3) The two-stage coordinated scheduling optimization model obtained 3.6% higher gains than the day-ahead scheduling optimization model that took into account deviation penalties. (4) By comparing the scheduling model solution results from the Yalmip toolbox and DQN algorithm, the effectiveness and feasibility of the DQN algorithm were verified.

Funder

Higher Education Discipline Innovation Project

Ministry of Education Key Projects of Philosophy and Social Sciences Research

Publisher

AIP Publishing

Subject

Renewable Energy, Sustainability and the Environment

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